Optimizing Small Parcel Logistics with Sifted
Overview
In today’s competitive market, optimizing small parcel logistics is crucial for reducing costs and improving efficiency. This case study explores how partnering with Sifted (A Leading Logistics Optimization Software Company) and leveraging internal strategies can enhance routing and carrier selection to achieve the lowest rates and/or improve service for customers.
Results
$498,000 green dollars in savings by leveraging a partner like Sifted and optimizing our small parcel routing across diverse carriers.
Favorable contract terms following UPS renewal and negotiation support
Key value drivers in leveraging this strategy
Sifted offers significant value through cost reduction, efficiency improvement, and enhanced customer experience. By enabling businesses to diversify their carrier network and negotiate competitive rates, Sifted helps reduce shipping costs. Advanced analytics and automation streamline operations, reducing manual errors and speeding up processes. Real-time tracking and optimized routing improve delivery times and customer satisfaction.
Sifted’s capabilities are rooted in data-driven insights, carrier management, and predictive analytics. Big data analytics provide actionable insights into shipping patterns and costs, while efficient management of multiple carriers ensures flexibility and cost-effectiveness. Predictive analytics help forecast shipping costs and proactively identify potential issues, maintaining smooth operations.
Integrated strategies for optimization include optimized routing algorithms and historical data analysis to determine the most efficient delivery routes and avoid delays. Regular reviews of carrier performance and costs, along with contract negotiations, ensure optimal carrier selection. Technology integration with existing warehouse management systems and automation tools further streamline operations and improve accuracy.
Sifted Areas of Focus
- Sifted score (shipping health indicator)
- Full shipping visibility across all carriers by capturing key metrics
- Comprehensive shipping reports with advanced filters
- Transit times dashboard
- Carrier management (contract targets, rate validation, prevent surprise charges
- Insights & alerts (GRI & peak season analysis)
- Decision support (optimal service selection, package modeling)
- Business automation
Conclusion
By leveraging Sifted’s capabilities and integrating them with internal strategies, businesses can optimize their small parcel logistics, reduce costs, and improve efficiency. This approach enhances operational performance and customer satisfaction, providing a competitive edge with real bottom line results.
Experts
Key Takeaways
- Cost Reduction and Efficiency Improvement: Achieved material savings by optimizing parcel routing and using diverse carriers, reducing errors with automation.
- Enhanced Customer Experience: Improved delivery times and satisfaction with real-time tracking, optimized routing, and competitive carrier rates.
- Data-Driven Insights and Predictive Analytics: Leveraged big data for actionable insights and predictive analytics to forecast costs and identify issues early.